Alpha Bank shares rated ‘buy’ as analysts cite attractive returns

Capital markets firm Jefferies recently raised its target price for Alpha Bank shares to €4.85 from €4.15 and reiterated its buy recommendation, citing the bank’s strong earnings outlook and attractive shareholder returns.

The analysts said that the Greek lender offers an appealing combination of high earnings growth and strong shareholder returns over the coming years.

According to the investment house, the investment story of Alpha Bank remains particularly attractive, even...